Google Trends and reality: Do the proportions match?

Siliverstovs, Boriss; Wochner, Daniel

doi:10.1016/j.jebo.2017.10.011

Cited by 82 publications

(48 citation statements)

References 24 publications

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“…• to collect data using Google Trends-which tracks Google Search terms (see Castelnuovo and Tran, 2017;Siliverstovs and Wochner, 2018;Stocking and Matsa, 2017); and • to use advanced eye-tracking, facial recognition, neuroscience and other high-tech tools to gauge physiological reactions to stimuli (see Hsu, 2017;Losbichler and Michaels-Kim, 2017).…”

Section: Emerging Non-survey Technologies and Methodologiesmentioning

confidence: 99%

The value of online surveys: a look back and a look ahead

Evans

Mathur

2018

INTR

318

186

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Purpose -The purpose of this paper is to present a detailed and critical look at the evolution of online survey research since Evans and Mathur's (2005) article on the value of online surveys. At that time, online survey research was in its early stages. Also covered are the present and future states of online research. Many conclusions and recommendations are presented. Design/methodology/approach -The look back focuses on online surveys, strengths and weaknesses of online surveys, the literature on several aspects of online surveys and online survey best practices. The look ahead focuses on emerging survey technologies and methodologies, and new non-survey technologies and methodologies. Conclusions and recommendations are provided. Findings -Online survey research is used more frequently and better accepted by researchers than in 2005. Yet, survey techniques are still regularly transformed by new technologies. Non-survey digital research is also more prominent than in 2005 and can better track actual behavior than surveys can. Hybrid surveys will be widespread in the future. Practical implications -The paper aims to provide insights for researchers with different levels of online survey experience. And both academics and practitioners should gain insights. Social implications -Adhering to a strong ethics code is vital to gain respondents' trust and to produce valid results. Originality/value -Conclusions and recommendations are offered in these specific areas: defining concepts, understanding the future role of surveys, developing and implementing surveys and a survey code of ethics. The literature review cites more than 200 sources.

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Section: Emerging Non-survey Technologies and Methodologiesmentioning

confidence: 99%

The value of online surveys: a look back and a look ahead

Evans

Mathur

2018

INTR

318

186

View full text Add to dashboard Cite

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“…In most sectors, platforms have a positive effect on reallocation thanks to "aggregator" platforms, while "disruptor" platforms have no significant effect. Similarly to the withinfirm model, results are robust to using alternative productivity measures (Table B. 7), and to restricting the sample to the five countries with the best coverage in ORBIS (Table B.8).…”

mentioning

confidence: 98%

“…The existence of ratings and reviews is also likely to reorient demand towards the better-rated service providers, allowing them to grow faster than others and also possibly resulting in the exit of the worst rated providers. 7 Indeed, there is ample evidence that higher consumer ratings attract demand to providers (Resnick et al, 2006[5]; Anderson and Magruder, 2012[6]). Assuming that better-rated providers are more productive than average, this reallocation of demand could enhance overall productivity.…”

mentioning

confidence: 99%

“…Moreover, to the extent that improved quality is reflected in price differences across firms, the productivity measure used in this paper captures at least partly such quality improvements (Atkin, Khandelwal and Osman, 2019 [58]). 7 Interestingly, Klein et al (2016[4]) find that following an increase in market transparency on Ebay, badly-rated sellers reacted by improving their behaviour rather than exiting. However, this pattern may not necessarily apply to other activities (e.g.…”

mentioning

confidence: 99%

“…Similarly, the impact on labour market outcomes -wages and employment -in the services where platforms operate can be either positive (due to higher demand) or negative (due to tougher competition), depending on which channels dominate empirically (Schwellnus et al, 2019 [7]). 56.…”

mentioning

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Like it or not? The impact of online platforms on the productivity of incumbent service

Rivares¹,

Gal²,

Millot³

et al. 2019

OECD Economics Department Working Papers

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JT03447476This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. │ ECO/WKP(2019)17Unclassified OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s).Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.Comments on Working Papers are welcomed, and may be sent to ABSTRACT/RÉSUMÉ Like it or not? The impact of online platforms on the productivity of incumbent service providersThis paper uses a novel empirical approach to assess if the development of online platforms affects the productivity of service firms. We build a proxy measure of platform use across four industries (hotels, restaurants, taxis and retail trade) and ten OECD countries using internet search data from Google Trends, which we link to firm-level data on productivity in these industries. We find that platform development supports the productivity of the average incumbent service firm and also stimulates labour reallocation towards more productive firms in these industries. This may notably reflect that platforms' user review and rating systems reduce information asymmetries between consumers and service providers, enhancing competition between providers. The effects depend on platform type. "Aggregator" platforms that connect incumbent service providers to consumers tend to push up the productivity of incumbents, while more disruptive platforms that enable new types of providers to compete with them (e.g. home sharing, ride hailing) have on average no significant effect on it. Consistent with this, we find that different platform types affect differently the profits, mark-ups, employment and wages of incumbent service firms. Finally, the productivity gains from platforms are lower when a platform is persistently dominant on its market, suggesting that the contestability of platform markets should be promoted. JEL classification codes: D24, L13, L80, O33 Liker ou non? L'impact des plateformes en ligne sur la productivité des fournisseurs de services existantsCet article utilise une nouvelle approche empirique pour évaluer si le développement des plateformes en ligne affecte la productivité des entreprises de services. Nous construisons une mesure approchée de l'utilisation des plateformes dans quatre secteurs (hôtels, restaurants, taxis et commerce de détail) et dix pays de l'OCDE, à l'aide des données de recherche Internet de Google Trends, que nous lions à des données d'entreprises sur la productivité dans ces secteurs. Nous constatons que le développement des plateformes soutient la productivité moyenne des entreprises de service existantes et stimule également la réallocation de la main-d'oeuvre vers les e...

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Nowcasting the Greek (semi‐) deposit run: Hidden uncertainty about the future currency in a Google search

Anastasiou

Δράκος²

2020

Int. J Fin Econ

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We investigate whether Greek depositors' uncertainty about the future currency contains information for the observed acute depletion of deposits in the Greek banking system. We conduct a Nowcasting exercise using the Google search intensity for the term «Drachma» and document that higher search intensity leads to higher Total deposits outflows, which are primarily driven by outflows in Time deposits. We also find that the Google search intensity for the term «Drachma» exerts an asymmetric impact across One‐Day deposits and time deposits. In addition, the asymmetry is also present between firms' deposits and households' deposits. These findings support that ‘a flight‐to‐safety’ behaviour caused by uncertainty about the future currency accounts for the erosion of deposits in Greece.

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Google Trends and reality: Do the proportions match?

Cited by 82 publications

References 24 publications

The value of online surveys: a look back and a look ahead

The value of online surveys: a look back and a look ahead

Like it or not? The impact of online platforms on the productivity of incumbent service

Nowcasting the Greek (semi‐) deposit run: Hidden uncertainty about the future currency in a Google search

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